KATHMANDU, June 21: Business leaders have urged the central bank to put a rule that requires bank and financial institutions (BFIs) to bring multi-bank borrowing above Rs 1 billion into consortium financing by mid-July on hold for the time being.

KATHMANDU, Feb 11: NMB Bank Ltd says it has successfully executed the financial closure of Upper Solu Khola Hydropower Project which has an installed capacity of 18 MW.

KATHMANDU, Jan 31: An Indian consortium led by Infrastructure Leasing and Financial Services (IL&FS) has demanded that the government provide it Rs 600 million for the detailed project report (DPR) that it prepared for the Kathmandu-Tarai Fast Track Project.

KATHMANDU, Jan 2: A consortium led by Machhapuchchhre Bank (MBL) has signed a loan agreement to finance Likhu-2 Hydropower Project (33.4 MW).

KATHMANDU, Dec 15: A consortium of banks led by Sunrise Bank Ltd have agreed to finance Langtang Khola Hydropower Project.

KATHMANDU, Nov 20: The Ministry of Physical Infrastructure and Transport has forwarded a proposal to the Cabinet to scrap the agreement earlier reached with Indian consortium IL &FS and the Detailed Project Report (DPR) it prepared for the development of the Kathmandu-Terai Fast Track.

KATHMANDU, July 27: NMB Bank Ltd has said that it will become the lead bank in the consortium loans for Riddhi Siddhi Cement Company.